Todd P. Kelsey - 17 Nov 2022 Form 4 Insider Report for PLEXUS CORP (PLXS)

Role
CEO, Director
Signature
Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact
Issuer symbol
PLXS
Transactions as of
17 Nov 2022
Net transactions value
-$1,622,006
Form type
4
Filing time
21 Nov 2022, 15:43:01 UTC
Previous filing
14 Nov 2022
Next filing
25 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLXS Common Stock, $.01 par value Options Exercise +32,500 +36% 123,095 17 Nov 2022 Direct F3
transaction PLXS Common Stock, $.01 par value Tax liability $1,622,006 -15,276 -12% $106.18 107,819 17 Nov 2022 Direct
holding PLXS Common Stock, $.01 par value 10,070 17 Nov 2022 401(k) F1
holding PLXS Common Stock, $.01 par value 4,451 17 Nov 2022 By Family LLC F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLXS Performance Stock Units Award +16,250 +59% 44,000 17 Nov 2022 Common Stock 16,250 Direct F3
transaction PLXS Performance Stock Units Options Exercise -32,500 -74% 11,500 17 Nov 2022 Common Stock 32,500 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee.
F2 Shares of Plexus Corp. common stock held in a family-owned entity controlled by the reporting person.
F3 Based on Company performance during the three-year performance period, 200% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2020 related to economic return goals vested. The three-year performance period for the portion of the PSUs that vests based on the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the Russell 3000 Index has yet to conclude. As previously disclosed, the reporting person has the opportunity to earn up to 200% of the number of PSUs originally reported.